COMMERCIAL REAL ESTATE
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Newport Beach’s Voit closes $12.6 million in deals
The company directed six transactions in Fullerton, Irvine, La Mirada, Santa Ana and Anaheim.
By Susan BelknappPublished: December 15, 2009 10:20 PM
Newport Beach’s Voit Real Estate Services’ Commercial Brokerage division, a member of CORFAC International, has directed six transactions in Southern California for a total consideration of $12.6 million.
The transactions include two properties in Irvine and Anaheim and one each in La Mirada, Santa Ana and Fullerton. One Anaheim property is on 65,000 square-foot industrial building on four acres. The bank-owned property sold for $4.3 million.
The other transactions include:
• Gannet, LLC, a distributor of cooking oils, has acquired a 70,000 square-foot industrial property for $2.3 million in La Mirada; the property is in the final stage of a previous environmental cleanup.
“The building was unique to Gannet, LLC due to the existing rail service, which is hard to find,” says Paul Caputo, vice president of Voit Real Estate Services’ Brokerage division. “As a cash buyer without financing needs, Gannet, LLC was able to negotiate an attractive deal for the acquisition.”
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The transactions include two properties in Irvine and Anaheim and one each in La Mirada, Santa Ana and Fullerton. One Anaheim property is on 65,000 square-foot industrial building on four acres. The bank-owned property sold for $4.3 million. The other transactions include: • Gannet, LLC, a distributor of cooking oils, has acquired a 70,000 square-foot industrial property for $2.3 million in La Mirada; the property is in the final stage of a previous environmental cleanup. “The building was unique to Gannet, LLC due to the existing rail service, which is hard to find,” says Paul Caputo, vice president of Voit Real Estate Services’ Brokerage division. “As a cash buyer without financing needs, Gannet, LLC was able to negotiate an attractive deal for the acquisition.” NEXT PAGE >> Related headlines REDC acquires Commerce Title from Pulte Homes CT/KDF Community Development Partners closes $36 million Newport Beach's Stoneridge Capital buys retail center for $20 million Voit Real Estate tops local industrial deals Laguna Niguel's Raintree Partners makes $21 million acquisition Trumark Cos. moves forward with plans for new-home project in Brea |
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